Side Effects: Obamacare Spreads the Wealth by Cutting Medicare | The Foundry: Conservative Policy News.

Is Granny “disposable”? Some seniors may get that impression once Obamacare kicks in.

As noted in a recent Wall Street Journal article, the new law cuts $200 billion from Medicare Advantage, a public-private “hybrid” of Medicare.  As a result, more than 11 million seniors will likely see their Medicare Advantage premiums rise significantly or their benefits noticeably lessened.  Either way, it will violate President Obama’s promise that all who liked their current coverage would be able to keep it under Obamacare.

via Side Effects: Obamacare Spreads the Wealth by Cutting Medicare | The Foundry: Conservative Policy News..

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